Inside Self-Storage - Marcus & Millichap

ABC Self Storage in Azle, Texas, Sells to Local LLC

ABC Self Storage, a 17,200-square-foot self-storage facility in Azle, Texas, recently sold to a local limited liability company (LLC). Financial terms were not disclosed. ...More

September 19, 2012

Posted in News, Real Estate

Kelly Road Self Storage in Ft. Myers, FL, Sold to Private Investor

Kelly Road Self Storage, a 72,422-square-foot self-storage facility in Fort Myers, Fla., was recently sold to a Maryland-based private investor for an undisclosed sum. The seller was a California-based financial institution. ...More

September 18, 2012

Posted in News, Real Estate

Long Beach Security Storage in CA Sold for $1.8M

Long Beach Security Storage in Long Beach, Calif., recently sold to a local partnership for $1.8 million. Located on Anaheim St., the property was constructed in 1923 and converted to self-storage in 1999. The building is a seven-story concrete with 513 units, 30,000 net ...More

September 14, 2012

Posted in News, Real Estate

Self-Storage Facilities in Ellenwood and Warner Robins, Ga., Change Hands

North Henry Self Storage in Ellenwood, Ga., and All-American Self Storage in Warner Robins, Ga., were recently sold in separate transactions. ...More

August 20, 2012

Posted in News, Real Estate

Big Jim Self Storage of Bradenton, Fla., Sells for $6M

Big Jim Self Storage in Bradenton, Fla., was recently sold from Big Jim III LLC of Sarasota, Fla., to Storage Quest LLC of Winter Garden, Fla., for approximately $6 million. Located at 6403 State Road 64 E., the 90,964-square-foot facility sits on approximately 6 acres of ...More

July 23, 2012

Posted in News, Real Estate

Amsdell Cos. Purchase 5 Self-Storage Facilities in Memphis, Tenn., Metro Area

Amsdell Storage Ventures VII LLC recently acquired five self-storage properties in the Memphis, Tenn., metro area. The facilities, which comprise more than 330,000 net rentable square feet and more than 2,600 units, will operate under the name Compass Self Storage LLC. ...More

July 19, 2012

Posted in News, Real Estate

Marcus & Millichap Promotes Utah Self-Storage Broker to Senior Associate

Marcus & Millichap Real Estate Investment Services, a commercial property investment services firm prominent in the self-storage industry, has promoted Jason Smith to senior associate in its Salt Lake City office. ...More

July 11, 2012

Posted in News, Real Estate

Self Service Storage in Chattanooga, TN, Sells for $1M

Self Service Storage in Chattanooga, Tenn., recently sold for $1 million. Built in 1973, the self-storage facility has 65,130 square feet of rentable space. The site features 396 storage units, including 56 that are climate controlled. ...More

July 6, 2012

Posted in News, Real Estate

Access Self Storage of Winston-Salem, NC, Sells for $2.2 Million

Access Self Storage in Winston-Salem, N.C., recently sold for $2.2 million. The facility had a capitalization rate of 1.8 percent due to economic occupancy of 42 percent, according to Marcus & Millichap Real Estate Investment Services, which brokered the sale. ...More

July 5, 2012

Posted in News, Real Estate

Brooksville, FL, Self-Storage Facility Sells for $710,000

ABCD Econo Storage, a 31,800-square-foot self-storage facility in Brooksville, Fla., recently sold for $710,000. Built in 2005, the facility features 28,295 square feet of rentable space and sits on 2.4 acres. ...More

July 5, 2012

Posted in News, Real Estate

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